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DICK'S Sporting Goods To Close On Thanksgiving; Extends Teammate Premium Pay Through End Of Year

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DICK'S Sporting Goods (NYSE: DKS) announced the closure of all its stores and distribution centers on Thanksgiving Day, November 26, 2020, including its specialty stores Golf Galaxy and Field & Stream. The company will also continue offering a 15% pay premium to its employees through the end of the year. Historically, most stores were open during Thanksgiving with limited hours. DICK'S locations will resume standard hours on November 25, with holiday hours starting on November 27. This policy shift reflects the company's commitment to employee well-being and appreciation.

Positive
  • Closure on Thanksgiving demonstrates a commitment to employee well-being.
  • 15% pay premium for employees maintained through end of year.
Negative
  • None.

PITTSBURGH, July 27, 2020 /PRNewswire/ -- DICK'S Sporting Goods (NYSE: DKS) today announced it will close all store locations and distribution centers on Thanksgiving Day, November 26, 2020. This closure includes specialty stores Golf Galaxy and Field & Stream.

The company also announced that store and distribution center teammates will continue to receive a 15 percent pay premium through the end of the year.

"We are so thankful to our teammates for their hard work and dedication," said Ed Stack, Chairman and CEO. "They have navigated this year with strength, commitment and care for each other and for our customers. We will continue to do all we can to support them and show our gratitude."

In previous years, most DICK'S Sporting Goods stores were open with limited evening hours on Thanksgiving.

All DICK'S Sporting Goods locations will operate on standard business hours on Wednesday, November 25. Information on holiday hours, which begin Friday, November 27, will be shared at a later date.

About DICK'S Sporting Goods, Inc.
Founded in 1948, DICK'S Sporting Goods, Inc. is a leading omni-channel sporting goods retailer offering an extensive assortment of authentic, high-quality sports equipment, apparel, footwear and accessories. As of May 2, 2020, the Company operated 726 DICK'S Sporting Goods locations across the United States, serving and inspiring athletes and outdoor enthusiasts to achieve their personal best through a blend of dedicated teammates, in-store services and unique specialty shop-in-shops dedicated to Team Sports, Athletic Apparel, Golf, Lodge/Outdoor, Fitness and Footwear.

Headquartered in Pittsburgh, PA, DICK'S also owns and operates Golf Galaxy and Field & Stream specialty stores, as well as GameChanger, a youth sports mobile app for scheduling, communications and live scorekeeping.  DICK'S offers its products through a content-rich eCommerce platform that is integrated with its store network and provides customers with the convenience and expertise of a 24-hour storefront.  For more information, visit the Investor Relations page at dicks.com.

Contact: DICK'S Sporting Goods – press@dcsg.com

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SOURCE DICK'S Sporting Goods

FAQ

What date will DICK'S Sporting Goods close its stores in 2020?

DICK'S Sporting Goods will close its stores on Thanksgiving Day, November 26, 2020.

How much is the pay premium for DICK'S employees?

DICK'S Sporting Goods is continuing a 15% pay premium for its employees through the end of the year.

Will DICK'S Sporting Goods be open on Thanksgiving in 2020?

No, DICK'S Sporting Goods will be closed on Thanksgiving Day in 2020.

When will DICK'S Sporting Goods locations operate standard hours in 2020?

DICK'S Sporting Goods will operate on standard business hours on Wednesday, November 25, 2020.

What stores are included in DICK'S Thanksgiving closure?

The closure includes all DICK'S Sporting Goods stores as well as specialty stores Golf Galaxy and Field & Stream.

Dick's Sporting Goods, Inc.

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